Grimes & Company Inc. Sells 402,934 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Grimes & Company Inc. lessened its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 89.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 50,029 shares of the exchange traded fund’s stock after selling 402,934 shares during the quarter. Grimes & Company Inc.’s holdings in iShares Russell 2000 ETF were worth $9,980,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Amundi grew its stake in shares of iShares Russell 2000 ETF by 1,894.7% during the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock worth $420,000 after buying an additional 1,800 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new position in iShares Russell 2000 ETF in the fourth quarter valued at $27,631,000. Nuveen Asset Management LLC lifted its holdings in iShares Russell 2000 ETF by 66.9% in the fourth quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after buying an additional 4,400 shares during the period. Corebridge Financial Inc. boosted its position in shares of iShares Russell 2000 ETF by 16.4% during the 4th quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock worth $1,569,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in shares of iShares Russell 2000 ETF by 20.2% during the 4th quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock worth $723,000 after purchasing an additional 550 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $210.77 on Tuesday. The stock has a market capitalization of $63.20 billion, a PE ratio of 16.63 and a beta of 1.11. The company’s 50-day moving average is $200.32 and its 200-day moving average is $211.84. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98.

iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.